Olly Wehring

Coca-Cola Co & Monster - Did you get rich quick?

By: Olly Wehring - 1 May 2012 16:48

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Here's what my news 'timeline' looked like this morning:

A story runs in a prominent newspaper, citing unidentified people familiar with the situation as saying that the Coca-Cola Co is in discussions to buy Monster Beverage Corp.

Then, some stories break saying that Monster's share-price has soared to an eight-year high.

Soon afterwards, Coca-Cola issues a statement, saying it is not in negotiations with Monster.

Finally, several news outlets say that Monster's share price has slipped back to pre-speculation levels.

Here's what the situation looks like.

I'll wager that someone, somewhere made a pretty penny in the last 24 hours.

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